Polish rolling stock manufacturers seek recovery solution

Polish rolling stock manufacturing industry dedicated to freight transport is trying to find solutions to consolidate this market segment and, consequently, could establish an industrial group to include at least three companies. A possible scenario stipulates the implication of the Polish State, as owner of the railway vehicles. The supporters of this scenario believe that state support would actually consolidate the freight rolling stock market.

Recently, the Polish Development Fund (Polski Fundusz Rozwoju) has opened negotiations with Newag, one of the private rolling stock manufacturers, located in Nowy Sacz region, southern Poland.

Newag manufactures both freight and passenger locomotives. At the same time, Newag provides the necessary for rail freight operators STK and Lotos Kolej.

Pesa, the largest Polish rolling stock manufacturer, based in Bydgoszcz, in the north of the country, is also looking for a strategic investor. The company faces financial problems and finding an investor is one of the conditions imposed by a consortium of banks as a prerequisite for signing a loan agreement.

Another Polish rolling stock manufacturer, H. Cegielski – Fabryki Pojazdów Szynowych, is also looking for the support of a financial investor. Although over the past years the manufacturer focused on passenger rolling stock (PKP Intercity has recently placed an order worth EUR 120 million for manufacturing 55 new coaches, with an option for another 26 coaches), its portfolio also includes construction of freight transport locomotives.


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